Additional Details

• Contact: Chris Williams (954) 807-9154 - cwilliams@propertyforce.com
• Potential ARV: $125,000 - $145,000
• Estimated Rehab: $30,000 - $40,000
• Ideal Investment Strategy: Rental/Resale
• Important Details: Rented M2M @ $700/mo
• Comparable Rent: $1,000
• Construction: Frame
• Rehab Description: For a flip or rental, this will need a full cosmetic update. Renovate the kitchen, bathroom and flooring throughout. Leak under bathroom tub needs repair - potential foundation issues may need to addressed from the leak. Central HVAC will need to be repaired or replaced. Roof may need attention soon and tree limbs may need to be trimmed. Apply fresh interior/exterior paint and do some landscaping to boost curb appeal.
• Features: Quaint home in Pensacola! This 2 bedroom, 1 bathroom house features 811 sqft of living area. Property sits on a 0.17-acre lot minutes from downtown and NAS Pensacola. Property is currently rented M2M for $700/mo. Keep this as a cash flowing rental or fix and flip for a comfortable profit. Get this deal while you can!
• Comp 1: 3940 W Jackson St., Pensacola, FL 32505 (3/1, 960 sqft.) Sold for $157K on 12/16/22 (1960 build. Basic clean update)
• Comp 2: 1535 N Q St., Pensacola, FL 32505 (3/1, 1092 sqft.) Sold for $135K on 1/17/23 (1957 build, Basic clean update.)
• Comp 3: 3420 W Lee St., Pensacola, FL 32505 (3/2, 1132 sqft.) Sold for $200K on 11/4/22 (1948 build, Basic clean update.)
• Comp 4: 3430 W Brainerd St., Pensacola, FL 32505 (2/2, 1075 sqft.) Sold for $183K on 11/28/22 (1997 build, Basic clean update.)
• Hard Money: Pre-Approved by OPS Loans for up to 60% LTV – See OPS Loans Tab